Baytex Energy Corp T.BTE

Day trading

[1234bmth]

I have noticed that since about one year my investment portfolio is up at the market open and goes down in one hour for a difference on average $5000 to $6000 a day and approximately 8 out of 10 days the same thing repeats, I didn't have the guts to trade daily. This could have been close to $1M for one year. And I am very honest to say this and not exaggerating. This is insane and shows how market is manipulated.

[SmokeyOB]

Why don't you hold half and flip the other half. Seems to me like you have the same number of shares as I do. But this stocks day low and day high average has to be around 30 cents a day. So hold tight on half your shares and trade the other ones. 

[marketsense]

Anyone who follows the market closely will notice those daily fluctutations.  I have managed to change my investment style to be more in synch with this pattern.  Its not really hard once you have done it a few times.  You start to gain more confidence with each successful transaction.  Keeping a core position intact always keeps you feeling grounded while you play the swings

[marketsense]

I have one more thing to add.   At first I was reluctant to do it because I didn't have the extra cash and I didn't want to weaken my position by selling a portion to raise the cash for trading.  After watching my energy stocks go up and down like yo yo's on a string either daily or weekly,  I had enough and at the first possible spike sold out 50% of all positions

[Cobalt]

How the turns table a year ago this would get all kinds of hate for the few of us posting this good luck always nice to have cash sell into strength sold MEG today RSI is your friend , speaking of cash man did LYFT get smoked after hours ;)

[riski]

This pattern doesn't seem to be happening today. Did you sell the early gains and now you are out?

[stock_for_gold]

I've been noticing the same thing with not only Bte but Ath as well. Just not sure for how much longer this will continue.